Spanair crash to cost SEK500 million in lost bookings

SAS Group yesterday said that a decline in bookings related to the August Spanair MD-82 crash at Madrid will impact its result by SEK500 million ($69.4 million).
"Forward bookings in Spanair have, as expected, been affected by the tragic accident. . .The initial effect was significant, but the bookings are gradually improving and [are] now almost in line with normal levels," SAS said (ATWOnline, Sept. 5).
Spanair flew 720 million RPKs in September, down 20.8% year-over-year, against a 12.9% ...

ATW On-Location

Trans States Holdings, parent of US regionals Trans States Airlines, Compass Airlines and GoJet Airlines, remains “comfortable” with its order for 50 Mitsubishi Regional Jets and expects to begin taking delivery of the aircraft in 2017....More

ICAO will have to boost its budget by 3% to pay a Web-based information database to provide airlines, air navigation service providers and member states a source of safety information about the risks to flights over and within conflict zones....More